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RANsquawk US Preview - Greek bridge loan - 23rd July 2012
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McDonald's misses earnings by 6 cents, says 7 cents due to unfavorable FX. As I posted on BKs comment yesterday, you ain't seen nothing yet on large cap with heavy foreign exposure.................dollar strength setting up market for a REALLY bad October...............
@1:04 ... The EU Comission hadn't heard ....
LOL ... another fake fake fake rumour ...
... but who cares, nobody believes anything anymore.
SPX bearish weekly chart strengthens: an important development.
As mentioned on Friday, SPX downleg continues.
Useful SPX weekly chart at my blog.
http://www.zerohedge.com/news/2012-12-24/market-analysis